David Silva signs big-money five-year deal at Manchester City

David Silva has ended speculation linking him to Real Madrid by signing a new bumper five-year contract with Manchester City.

David Silva has pledged his future to Manchester City (Picture: Daily Mail)

The 26-year-old had 24 months left on the agreement he signed when he joined from Valencia two years ago.

The new contract is reported to be worth up to £200,000 a week including performance-related bonuses.

‘I’m very pleased because I’ve been here for two years now and I feel very happy here at the club, in the city and with all the people,’ said Silva, who follows Joe Hart and Vincent Kompany in signing a new contract at City.

‘So now I’m delighted to be extending my contract and being here really does feel just like home for me.’

Real Madrid, who face City in the Champions league tomorrow, had been monitoring the situation as Silva and his representatives haggled for top terms.

Silva had a remarkable 2011/12 season in which he lifted the Premier League trophy and scored in the Euro 2012 final as Spain defended their title.

He has made over 70 appearances for City but was unable to inspire a late win after coming on as a substitute in the 1-1 draw at Stoke on Saturday.